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IMF’s Strauss-Kahn Says Fund Will Do All It Can for Greece

Dec. 7 (Bloomberg) -- The International Monetary Fund will do all it can to help Greece get its economy and budget back on track, the fund’s managing director Dominique Strauss-Kahn said today.

“The IMF, alongside our European partners, is fully committed to support Greece’s efforts,” Strauss-Kahn said in a statement released in Washington at the conclusion of his visit to Greece. He said Greece has made progress that will be a “sound platform” for emerging from its debt crisis.

“The fiscal deficit is narrowing; public financial management and tax administration are improving; the financial sector is strengthening; pension reform is completed, and other reforms have begun -- now is the time to implement and accelerate them,” Strauss-Kahn said.

To contact the reporter on this story: Rebecca Christie in Washington at rchristie4@bloomberg.net;

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

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